Shares of Tesla Inc fell 2.75 percent on Monday after chief executive Elon Musk directed abuse on Twitter at one of the British cave divers involved in the rescue of 12 Thai children last week.
A number of analysts and investors, requesting anonymity, claimed that Musk's comments are adding to their concerns that his public statements are distracting him from Tesla's main business of producing electric cars. The stock sell-off knocked almost US$2 billion off the company's market value. Tesla shares closed at $310.10 before rising 1.9 percent in after-hours trading.
The billionaire entrepreneur's spat with British diver Vernon Unsworth started last week after rescue teams rejected Musk's offer of a mini-submarine created by his rocket company SpaceX to help rescue a 12-member soccer team and their coach trapped inside a flooded cave in the northern province of Chiang Rai.
"He can stick his submarine where it hurts," CNN reported Unsworth as saying. "It just has absolutely no chance of working."
Musk shot back on Sunday on Twitter: "We will make one (video) of the mini-sub/pod going all the way to Cave 5 no problemo. Sorry pedo guy, you really did ask for it."
Musk gave no evidence for alleging Unsworth was a paedophile. Unsworth said he would consider taking legal action against Musk over the remarks, in comments filmed in Chiang Rai.
Last week, Narongsak Osottanakorn, the leader of the rescue operation in Thailand, rejected Musk's mini-submarine as not suitable for the task. Musk responded on Twitter on July 10, calling Osottanakorn "not the subject matter expert."
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